Is 'Cash for Clunkers' for you?
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Is 'Cash for Clunkers' for you?

Title: Is 'Cash for Clunkers' for you?

Published: Fri, 24 Jul 2009

Description: Consumers are hoping for some quick cash from their old cars. But here are a few things about the 'Cash for Clunkers' program you need to know.

Full Article: http://www.myfoxboston.com/dpp/news/dpgo_cash_for_clunkers_program_details_fc_072409_2700895

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Automatically Generated Transcript (may not be 100% accurate)

" long awaited cash for clunkers program will officially kicks off a car dealerships in less than 24 -- the plan from the feds will be unveiled first thing tomorrow morning."

" It's specifically details on incentives will be doled out for you to trade up into -- more fuel efficient car a new one. Our consumer liner -- joins us now with a preview of higher."

" Kelly you know we've been talking about this for -- car dealers are hoping for booming sales while consumers are hoping for some quick cash from their old cars but there's still a few misconceptions out there about exactly how the program more work."

" I they -- the dealers out of their way they're they're going to ask these smacking people away sticks in the morning and left. To promote why."

" That's the hope anyway -- Bay Area car dealers besides the economic factors some experts believe buyers have been staying out. Out of the market anticipating this program. They predict there could be a real -- lot of buyers are getting more. From fox thirteen nets center right talk -- business senior editor Edmunds dot com. He says the programs designed to help the environment and the auto industry giving consumers cash rebates for turning in an old vehicle to buy and new fuel efficient one."

" Yet this should be sort of tipping more energy world to bring people into the market and really get them do sovereignty oceans are -- more."

" To qualify your trade in must get eighteen miles per gallon or less be made between 1984 and 2001. It must work. And be registered to the same owner for at least a year. In return -- eligible for 3500 bucks if the new car gets at least four miles per gallon more than your trade in. And 4500. If it gets ten miles more."

" Kind of -- may not -- the person you see in the market for a new car. Because they looks ordinary car slides are driving us you know and older used vehicle like it."

" But not all consumers are convinced I don't know if if 4500. Is enough to buy car that's for 25 grand. And that's even a good idea for American stick to it going to dead others have misconceptions believing they can get the rebate on top of the trade in values. That's not true self your trade -- worth more than 4500. You lose money with the program. Also you don't need do when role on the Internet. Emails telling you do or simply scams trying to get your personal information steel business believes the program will entice buyers into the market."

" It's a great -- got an old car and you have the means to bind you are. You can you can get a lot of work here trade in the new worked out."

" That's since the incident is handled by your car dealer I recommend negotiating the price of the new vehicles first before even talk about cash for -- before you go to the dealership. See if the program applies to you and calculate how much you can get -- got some links to help you do that on my fox Tampa Bay dot com. I want you to know what you qualify before hand -- you can deduct the rebate amount from the price you've negotiated. Telling John. Interesting to see what happens thinks there -- only thing about your attorney general Clark Revere high and I need to know none of Aberdeen in. Don't and I -- my twelve year old missions but I discovered how."

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